The past month has seen a procession of opinion polls proving that Australians reject excessively high immigration levels. Polling by Macquarie University’s Housing and Urban Research Centre showed that two-thirds (66%) of respondents believe that Australia should reduce the rate of immigration to address the housing crisis: Resolve Political Monitor’s polling of 1,800 Aussies from
There is nothing gold likes less than a strong DXY supported by a hawkish central bank. The Market Ear. Watching $3900 Gold putting in another big down candle. $3900 is the line in sand level to watch (50 day comes in slightly lower). A close below that area and things could accelerate further to the
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In the world of economics, a recession is often defined as two consecutive quarters of declining economic growth in inflation-adjusted terms. But in the realm of housing supply, the role of inflation is played by demand growth. By this metric, Australia’s housing supply growth has been in a recession in net terms for over four
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I reported earlier this week that the number of temporary visa holders in Australia (excluding visitors) hit a record high of 2,547,000 in the September quarter of 2025, up 83,200 on the prior year’s record: The share of Australia’s population on temporary visas has also ballooned to a record high of 9.2%, up from 7.2%
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The problem with wind and solar power is that they are weather-dependent and intermittent. Renewables don’t balance supply with demand. They supply too much power when it isn’t needed (e.g., in the middle of the day) and minimal power at other times, including the evening peak. This solar glut can also force energy regulators to
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Mike Burgess, director-general of the Australian Security Intelligence Organisation (ASIO), warned that a foreign government might attempt to kill a dissident on Australian territory, and the majority of outlets carried his warning overnight. In a speech to Sydney’s Lowy Institute think tank yesterday night, the head of ASIO stated that there was a “realistic possibility”
The jaws must shut to restore steel mill profitability. The range trade must break down. Scuttlebutt is nasty. Iron ore prices typically rebound from early November to February before easing. However, significant losses from winter stockpiling in recent years, along with current high operating rates, may curb stockpiling enthusiasm this year, said Chinese broker Zhongtai
The Market Ear has some concerns. AI’s not the problem. Euphoria is No, this isn’t a “we hate AI” note. It’s a trading technical read on a market that’s gone full parabolic. For the first time in over a year, every indicator we track in Mag7 is flashing red contrarian sell. The indicators don’t care
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